RECENT ASSIGNMENT

FNS60215 8, FNS60217 ADVANCED DIPLOMA OF ACCOUNTING I FINANCIAL SERVICES INDUSTRY,2.6
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Assessment 1 - Written or Oral Questions
1. Research and explain how you would develop and apply your knowledge of economic principles to improve business performance. Your answers should include how microeconomics influences financial products and services we
buy. (5 marks)
2. What does the term capital adequacy mean? Describe the role of the Australian Prudential Regulation Authority in Australia. How does this organisation affect the regulations that apply to Capital Adequacy? Include in your explanation how changes to the Basel accord in 2013 affected the
Prudential Standard APS 222. (8 marks)
3. Whilst working in accounting, explain how you will:
a. Evaluate your own work in the context of relevant economic principles (5 marks)
b. Identify ways to improve your performance through the development of your understanding of how economics will apply to own decision making
processes. (5 marks)
4. What are financial modelling techniques and how are these applied to economic data? When required to undertake research to create a financial model, how would you evaluate your research data? Explain the techniques and tools you would use to ensure your financial model is correct? (15 marks)
5. Describe how you would determine and apply the organisational value in relation to capital structure. (Further information regarding Share Capital and the Balance Sheet can be found at page 533 of Financial Accounting 6th
Edition) (8 marks)
6. Choose 2 economic theories from the list below and explain the impact these have on industry, the government and the individual. If appropriate, include in your explanation how you will integrate contemporary economic principles
into your everyday work practices. (14 marks)
• Keynesian economics
• Post-Keynesian economics
• Value theory
• Supply-side economics
• Monetarism.
Assessment 1 total: 60 marks
ADDENDUM I 0 2019 YOUNG RABBIT PTY LTD, AUSTRALIAN PACIFIC COLLEGE
FNS60215 & FNS60217 ADVANCED DIPLOMA OF ACCOUNTING I FINANCIAL SERVICES INDUSTRY,2.6
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